The Economy

3. the general reduction of prices and the level of economic activity in an economy
5. the branch of economics that deals with the way land is used and the things that are produced by farming
6. to improve the economy of a country by increasing the amount of money that people are earning and spending in the country
8. economics an economic process in which prices increase so that money becomes less valuable
11. economics someone who supports the system of capitalism
12. economics a period of time when there is a lot of unemployment and poverty because there is very little economic activity
13. a similar increase in the activity of a particular industry or part of a country’s economy
15. used for talking about U.S. economic power
16. an economic theory according to which poor people benefit when richer people become even richer

1. the conditions that affect the economic success or failure of a product, company, country, etc.
2. the study of the economic systems of whole countries or large regions
4. a period when trade and industry are not successful and there is a lot of unemployment
7. a reduction in the rate at which prices increase
9. a particular area of business or industry
10. very high inflation
14. gross domestic product: the total value of the goods and services that a country produces in a year, not including income received from money invested in other countries